Análisis de la situación actual del ciclo de conversión del efectivo de un concesionario de vehículos en la ciudad de Guayaquil.

Abstract

The automotive sector has been a high-growth sector during the first decade of the 21st century; however, today it is a threatened sector, before various government measures implemented by the Government. It becomes critical that companies optimize the economic resource, through stricter policies and adequate management of the liquidity of their finances; achieving greater revenue, the money put in the shortest possible time in the hands of the customer; using the same money providers and funding sources of low-cost at much as possible. Cash cycle is crucial to achieve these purposes, given that between shorter is the conversion, the return period and generation of utilities is greater. Internal control plays an important role, through the constant monitoring of critical areas where risks of fraud may exist in the management of cash. Also controlling inventories rotations, taking care that the schedules of purchases are focused on items of higher turnover and better profitability. Credit care should focus on minimizing the risk of bad portfolio or lack of guarantees, which then cause losses for the company’s. Cash is the backbone of the companies and is the rendering engine of the profits or losses that may arise in a fiscal year; for this reason, this work is aimed and focused to recommend best practices to optimize the operations of the company’s cash cycle.